The Main Reason for Fear of Starting a Business

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Fear of business

In fact, many people dream of starting their own business. But only a few gather their courage and try to become entrepreneurs. Why does this happen, because the current economic situation does not create any special obstacles for this? Many successful people today started their business literally from scratch.

They, unlike others, managed to overcome insurance leads for seniors their fear, cast aside doubts, overcome self-doubt. Those who could not do this continue to go to boring jobs, receive pennies for their work and only dream of a happy future.

Of course, there are people who are completely satisfied with their situation. They are satisfied with their income level, they like their job, their bosses are loyal to them. In this case, the question of changing their activity does not even arise - and it is not at all about fear of business. Why, if everything is fine anyway?

But if the situation is different, if a person hates his job, conflicts with management and colleagues and simply dreams of opening his own business, he first of all needs to cope with his fears.

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The essence of fear of business lies in the instinctive human desire for security.

We are afraid of losing everything, and this fear haunts us. We can cope with it if we define: what does this “everything” mean to us?

If there is a huge amount of money at stake and if you fail you can lose your home and get into huge debts, then is it worth tempting fate? But what if everything is not so bad and the most we risk is several monthly salaries? Then maybe the game is worth the candle?

Some people won't believe that you can start a business with such a small amount. And they are wrong. Besides, these investments, even if the first attempt fails, will pay off handsomely. After all, you will understand:

in the rules of company registration;

in the principles of accounting;

in the specifics of tax legislation;

in the intricacies of negotiating and signing contracts;

in the specifics of a particular business;

in the course of action for closing a legal entity.

Moreover, we are talking about LLCs here. Of course, no one prevents you from registering a CJSC, but when partners take on some of the risks and obligations, there is no particular fear of opening a business.